---
schema_version: "secwatch.filing_event.v1"
accession: "0001640334-22-001669"
form_type: "8-K"
ticker: "COSG"
cik: "0001706509"
company_name: "Cosmos Group Holdings Inc."
filed_at: "2022-08-08T23:59:59+00:00"
generated_at: "2026-06-24T02:53:29.678225+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Cosmos Group acquires 58 collectibles for $167K from director, pays with convertible note

## Summary
- Coinllectibles Private Limited, a subsidiary of Cosmos, purchased 58 collectible items from director Chan Hin Yip for HKD 1,305,000 (~USD 167,308).
- Purchase price paid via a promissory note convertible into Cosmos common stock at 90% of VWAP over 10 days prior to February 2, 2023.
- Chan Hin Yip is a director and 5% equity owner of Grand Gallery Limited, a Cosmos subsidiary.
- Transaction structured as a related-party deal; proceeds used to acquire collectibles for potential NFT/metaverse initiatives.

## SEC filing metadata
- accession: 0001640334-22-001669
- form_type: 8-K
- ticker: COSG
- cik: 0001706509
- company_name: Cosmos Group Holdings Inc.
- filed_at: 2022-08-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1706509/000164033422001669/0001640334-22-001669-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1706509/000164033422001669/cosmos_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001640334-22-001669
- JSON: https://secwatch.observer/filing/0001640334-22-001669.json
- Plain text: https://secwatch.observer/filing/0001640334-22-001669.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.